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world-wide SO2 emissions and estimate the impact of trade on emissions. Contrarily to concerns raised by environmentalists … reduction in emissions. A second exercise comparing the actual trade situation with an autarky benchmark estimates that trade …
Persistent link: https://www.econbiz.de/10005230876
that the influence of environment on optimal growth in the long-run may be explained by the detrimental effect of pollution … on life expectancy. It also shows that, in such a case, greener preferences are growth- and welfare-improving even if the …
Persistent link: https://www.econbiz.de/10005385426
material balance principles and relying too much on planner solutions to obtain long-term growth. By analysing a multi-sector R …&D-based endogenous growth model with exhaustible natural resources, labour, knowledge, and physical capital as inputs, the present paper … addresses this critique. We study transitional dynamics and the long-term growth path and identify conditions under which firms …
Persistent link: https://www.econbiz.de/10005230919
This paper aims to enrich the standard toolbox for measuring diversity in economics. In so doing, we compare the … indicators of diversity used by economists with those used by biologists and ecologists. Ecologists and biologists are concerned … about biodiversity: the diversity of organisms that inhabit a given area. Concepts of species diversity such as alpha …
Persistent link: https://www.econbiz.de/10005385349
Data on the growth performances of countries with similar comparative (dis)advantage and political institutions reveal … a striking variation across world regions. While some former autocracies such as the East Asian growth miracles have … countries. In each country, the incumbent autocrat will cater to the preferences of the elites when setting trade policy and the …
Persistent link: https://www.econbiz.de/10009320995
to innovate (if at all) in manufacturing and services. Locations can trade subject to transport costs and technology … diffuses spatially across locations. The result is an endogenous growth theory that can shed light on the link between the …
Persistent link: https://www.econbiz.de/10008540415
International tourism is increasingly viewed as one of the best opportunities for a sustainable economic and social development of developing countries. There is also an increasing concern from public policy makers as to whether mass tourism coastal resorts can play a catalytic role in the...
Persistent link: https://www.econbiz.de/10005385357
This paper examines the effects of tourism in a dynamic model of trade on unemployment, capital accumulation and … resident welfare. A tourism boom improves the terms of trade, increases labor employment, but lowers capital accumulation. The …
Persistent link: https://www.econbiz.de/10005570257
endogenous growth based on human capital accumulation is used to numerically simulate the growth effects of different … environmental tax to reduce wage tax and increase the proportion of public spending within GDP, enhances both growth and welfare in …
Persistent link: https://www.econbiz.de/10010904908
This paper looks at the interplay between human capital and innovation in the presence of climate and educational policies. Using recent empirical estimates, human capital and general purpose R&D are introduced in an integrated assessment model that has been extensively applied to study climate...
Persistent link: https://www.econbiz.de/10010904922